JBS Prepares to Exit Pork Antitrust Case With Third Settlement

JBS SA will pay nearly $13 million to resolve a proposed pork price-fixing class action led by restaurants and retailers, the last plaintiffs with live claims against the meatpacking giant after deals with wholesalers and consumers worth $45 million, according to a federal court filing in Minneapolis.

The settlement, docketed Thursday in the U.S. District Court for the District of Minnesota, is the third eight-figure agreement reached by JBS, which has agreed to escape wholesaler allegations for $24.5 million and consumer claims for $20 million.

Those deals have gotten tentative approval from Judge John R. Tunheim. If he approves ...